Executive Editor Wayne Ferson

Photo courtesy of Financial Markets Research Center at Vanderbilt. Credit: Chad Driver Productions.

Wayne Ferson recently completed his second term as the Executive Editor of The Review of Asset Pricing Studies and, consequently, retired from that position in December 2017. Wayne was recruited to become the founding Executive Editor of The Review of Asset Pricing Studies and the first issue was published in December 2011. From the beginning of his work on the journal, Wayne was focused on creating a topflight journal, not just starting an additional journal, which was a vision consistent with that of the Founders of the Society of Financial Studies when they created The Review of Financial Studies over 30 years ago. Wayne spearheaded an effort to attract high quality submissions to RAPS and was consistently contacting authors to consider the journal. Wayne was nonstop, tireless, and dedicated to the journal, spending many hours reviewing, editing, and attending conferences to solicit papers. He was innovative in collaborations among himself and his co-editors in considering how to attract additional submissions. Wayne’s contributions to the Society of Financial Studies went beyond his service as Associate Editor of RFS (1992-1994), Editor of RFS (1996-1999), and his more than 6 years as Executive Editor of RAPS. For example, he also helped Matt Spiegel come up with the idea of dual submissions, an innovation that has significantly enhanced the SFS journals. We thank Wayne for his dedication and contributions to furthering knowledge in finance.


Editorial Team Changes

RAPS is pleased to announce that Hui Chen will be joining our team as an Editor. We thank Raman Uppal, who will be retiring from his role as an Editor.

RAPS welcomes the following Associate Editors: Pierre Collin-Dufresne, Hanno Lustig, Christopher Malloy, and Allan Timmermann.

The following Associate Editors have been renewed for three-year terms: Kerry Back, Joel Hasbrouck, Albert Menkveld, and Stavros Panageas.

All changes are effective July 1, 2018.

Winners of the RAPS Awards

The winners of the RAPS Awards were announced at the Awards Reception at SFS Cavalcade North America on May 23. We are pleased to share the winners:

Best Paper Award
“Crowded Positions: An Overlooked Systemic Risk for Central Clearing Parties”
Albert Menkveld
Prize: $20,000

Referee of the Year Awards
Martijn Cremers, Roger Edelen
Prizes: $1000

Rising Scholar Award
“The Cross-Section of Expected Returns in the Secondary Corporate Loan Market”
Mehdi Beyhaghi and Sina Ehsani
Prize: $5000

Congratulations to all our award winners!

For past award history, please visit our Awards page.

Registration is Now Open for SFS Cavalcade North America 2018

You may register for SFS Cavalcade North America 2018 on the conference web site. The conference will take place May 21-24, at Yale University in New Haven, Connecticut. Early registration will be $100 for members and $140 for nonmembers. Beginning April 8, the registration rate will increase to $125 for members and $165 for nonmembers. The registration fee is waived for doctoral students (from any university) and Yale University faculty members.

Submission Period for Cavalcade North America 2018 is Now Open!

The SFS Cavalcade North America 2018 submission period is now open. To submit, please visit SFS Cavalcade North America 2018. The deadline for submissions is December 7, 2017.

Dual Submission: The Cavalcade features dual submission with the Review of Asset Pricing Studies and the Review of Corporate Finance Studies. Details are available at SFS Cavalcade North America 2018.

Reminder for doctoral students: For papers in which ALL co-authors are doctoral students, the submission fee is waived.